occupancy
Contra or Barter Exchanges – How to Record Them and Some Tips
Contra, barter, trade outs, exchanges – they are all the same thing. Exchanging goods and or services is older than currency and it’s still used today, especially in hospitality. How […]
Use Publicly Available Data to Improve Occupancy Rate Predictions
Given that tourism is a global industry consuming a diversity of goods and services, the prediction of future trends needs to take account of the wider economic context, according to […]
How to calculate your B&B’s average room rate and other revenue metrics
Running an accommodation business of any size is no easy feat, but small property owners in particular have unique challenges as they juggle everything from pricing to housekeeping on a […]
Late Cycle Supply Sources of the Occupancy Gap
The present hotel cycle is defying conventional expectations of late-cycle Revenue Per Available Room (RevPAR) behavior. Over the previous two cycles, recovery began primarily with occupancy. As the cycles continued, […]
Occupancy Does Not By Its Nature Grow Average Daily Rate
Occupancy does not by its nature grow average daily rate, and industry experts said revenue managers and GMs must fully rely on rate increases independent of occupancy. Panelists at the […]
Hotel overbookings: Let us learn to tame them
Hotel overbookings have been quite a repetitive term in the hospitality industry. Ever wondered what that is? Hotel overbookings are the condition a hotel faces when a single hotel room […]
6 Tips for Maximizing Your Hotel Occupancy
Occupancy is the name of the game in the hotel business. You need to fill rooms in order to be successful. But how exactly do you get more heads in […]
5 Ways to Reduce Guest No Shows and Cancellations
Imagine this! It’s about midnight and your front desk staff is about to perform night audit and then call it a day. NB: This is an article from Hotelogix But […]
Google Testing Variable Occupancy in Germany
An important distinction travelers make when booking a hotel room is the designation of how many people will be staying in the hotel room. Business travel tends to be single […]
Tips to Prevent and Manage No-shows and Cancellation
With regards to running the hospitality business, it’s never as usual. It might be on immediacy is a major part of traveling. Maybe it’s the financial uncertainty that wreaks ruin […]